STOCK TITAN

Executive at Everspin (NASDAQ: MRAM) sells 358 shares to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. Vice President of Sales Sean Michael Dougherty reported an open-market sale of 358 shares of common stock on July 1, 2026 at $22.34 per share. A footnote explains the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. After this tax-related sale, he continues to hold 99,173 shares directly.

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Insider Dougherty Sean Michael
Role Vice President, Sales
Sold 358 shs ($8K)
Type Security Shares Price Value
Sale Common Stock 358 $22.34 $8K
Holdings After Transaction: Common Stock — 99,173 shares (Direct, null)
Footnotes (1)
  1. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units. Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan.
Shares sold 358 shares Open-market sale on July 1, 2026
Sale price $22.34 per share Common Stock transaction price
Shares held after transaction 99,173 shares Direct holdings after July 1, 2026 sale
Restricted Stock Units financial
"Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
employee stock purchase plan financial
"Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dougherty Sean Michael

(Last)(First)(Middle)
C/O EVERSPIN TECHNOLOGIES, INC.
5670 W. CHANDLER BLVD, STE 130

(Street)
CHANDLER ARIZONA 85226

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EVERSPIN TECHNOLOGIES INC. [ MRAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President, Sales
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026S(1)358D$22.3499,173(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units.
2. Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan.
Remarks:
/s/ Cesare Suardi, Attorney-in-Fact for Sean M. Dougherty07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did EVERSPIN TECHNOLOGIES (MRAM) insider Sean Michael Dougherty report in this Form 4?

He reported selling 358 shares of EVERSPIN TECHNOLOGIES common stock on July 1, 2026. The shares were sold in the open market at $22.34 each to cover taxes on vested Restricted Stock Units.

Why did MRAM executive Sean Michael Dougherty sell 358 shares?

The sale was made solely to pay taxes due on the vesting of Restricted Stock Units. This means the transaction was tax-driven, rather than a discretionary reduction of his investment in EVERSPIN TECHNOLOGIES.

How many EVERSPIN TECHNOLOGIES (MRAM) shares does Dougherty hold after this transaction?

After the sale, Sean Michael Dougherty directly holds 99,173 shares of EVERSPIN TECHNOLOGIES common stock. This indicates the 358 shares sold represented a very small portion of his overall direct holdings.

What price did MRAM insider Sean Michael Dougherty receive per share in this sale?

He sold 358 EVERSPIN TECHNOLOGIES common shares at $22.34 per share. The transaction is reported as an open-market sale and is tied to tax obligations from Restricted Stock Unit vesting.